California (only U.S. law)
Although I am aware that past court rulings hold that real names and real sports statistics can be used in online fantasy sports games, I have a doubt regarding fantasy sports games that use real money. Would it be illegal to develop a game that uses real money? Seeing that this real money would get transformed into in-game currency, would it be illegal or conflicting for users to be able to buy players for their teams with real money? They would technically be trading assets that are worth real money and making money if the players they own start playing better in real life. In this game, you'd be able to buy a young player with great potential and then sell him when he gets good. Therefore, the in-game owner of the player would be making money by selling that player to another user of the game. Do any lawyers see any legal issues that these game features could cause? Could players sue for the commercialization of their names in the game?
Any help is greatly appreciated.
Thanks,
Gino
Although I am aware that past court rulings hold that real names and real sports statistics can be used in online fantasy sports games, I have a doubt regarding fantasy sports games that use real money. Would it be illegal to develop a game that uses real money? Seeing that this real money would get transformed into in-game currency, would it be illegal or conflicting for users to be able to buy players for their teams with real money? They would technically be trading assets that are worth real money and making money if the players they own start playing better in real life. In this game, you'd be able to buy a young player with great potential and then sell him when he gets good. Therefore, the in-game owner of the player would be making money by selling that player to another user of the game. Do any lawyers see any legal issues that these game features could cause? Could players sue for the commercialization of their names in the game?
Any help is greatly appreciated.
Thanks,
Gino